News

Media IN RAS AL KHAIMAH, 26th June, 2019 (WAM) The number of new media licences and freelancer permits issued under the RAKEZ Media Zone has shoot 177 percent to 360 companies and freelancers in May 2019, up from 130 in May 2018. Of the new licences registered, 150 belong to …

Media IN ABU DHABI 26th-06-2019 Abu Dhabi Global Market, ADGM, has announced its upcoming launch of a new initiative, ‘FinTech 50’, and the third edition of the ‘Innovation Challenge’, as part of the FinTech Abu Dhabi Festival 2019. The ADGM Innovation Challenge poses a set of FinTech problem statements that …

Media IN DUBAI, 26th June, 2019 (WAM) Dubai based Nakheel, a leading property developer, on Wednesday announced it is injectiing AED 114 million of investments into roads and bridges. Through this investment, the state-owned real estate developer will provide motorists with direct access from Al Khail Road to Al Khail …

Media IN ABU DHABI, 26th June, 2019 (WAM) In abid to create a modern housing system for UAE citizens and provide them with the best living standards, the Director-General of the Federal Tax Authority, FTA, revealed that the FTA approved 390 requests to refund housing tax worth AED17.52 million, in …

Media IN ABU DHABI, 26th June, 2019 (WAM) Abu Dhabi International Airport, AUH, handled 564,042 passengers during the nine-day-long Eid al-Fitr holiday, the beginning of the summer season.   Between 31st May 31 and 8th June, AUH welcomed 200,867 origin and destination (O&D) travelers, and a total of 361,764 transit passengers. …

Media IN NEW DELHI, 26th June, 2019 (WAM) Dubai Startup Hub, an initiative of Dubai Chamber of Commerce and Industry, recently kicked off its first-ever roadshow in New Delhi and Bangalore which attracted strong participation and interest from high-potential Indian startups that are keen to enter the Dubai market. The …

Media IN DUBAI, 26th June, 2019 (WAM) A sum of 421 drug smuggling bids were foiled across Dubai’s various land, sea and air ports of entry in the first three months of 2019. The  Director-General of Dubai Customs, said the drugs seized at various land, air and sea ports included …

Media IN Riyadh 26th-06-2019 The index of major Saudi shares closed today, up 37.20 points to close at 8687.08 points, and trades worth more than 4.8 billion riyals. More than 177 million shares were traded, with more than 111,000 traded in 100 stocks, while 67 stocks closed lower. SABIC, were …

Media IN Riyadh June 26, Saudi Electricity Company (SEC) has launched a range of new services that employ modern technologies to provide reliable, low-cost electrical service. The company revealed in its report that among the most prominent services that have been launched are: account service, lightning service, and fixed billing, …

Media IN Seoul, June 26, 2019, SPA The ties of friendship and cooperation between Saudi Arabia and South Korea have expanded to unprecedented levels during King Salman’s reign. This came when Saudi Arabian General Investment Authority (SAGIA) announced the signing of 15 memoranda of understanding (MOUs) and agreements with Korean …